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Crypto Currency Investors Thread - Investment (3877) - Nairaland

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Re: Crypto Currency Investors Thread by Robnectar(m): 5:50am On Sep 02
Brokeloser:
Good day to all. I'm still a novice on this crypto thing but I participated in the dogs airdrop and I used my telegram wallet and I've already converted it to USDT. I don't trust the telegram P2P enough to do business there after all if they scam me the worst telegram will do is ban their phone number. Should I use binance with the recent trouble with Nigeria or I should use another app. My loan is overdue and this is my only hope of repayment. I would be extremely grateful for suggestions please.

https://share.b itget.com/u/6CXZ47H0

Close d space btwn and download bitGet, verify d app and sell it on their p2p

1 Like

Re: Crypto Currency Investors Thread by Hedgefunds: 5:55am On Sep 02
SINisSIN:
I’m not concerned again about which level it reaches. I’ve only invested in three coins, and DCA has been very manageable for me. As BTC drops, I’m adding $100 to each of my coins at each levels. I DCA at 59,58,57 and continue till BTC is tired.

This is the moment when some traders will finally understand what Ogogorofreak has been saying about BTC.

Many traders won’t even benefit from the next bull run because, for them, the bull run for their altcoins is just about breaking even, simply recovering their initial investment.

If you have 20 altcoins, how do you plan to DCA them effectively when you don’t even understand what’s draining BTC blood? It’s time to take notes and rework your trading strategy.


$21 billion dollars of shorts to be liquidated when #Bitcoin goes to $70k

Do you think btc might ever get to 70k again ?
Re: Crypto Currency Investors Thread by SINisSIN(m): 6:23am On Sep 02
It will surpass 80k my bro.

Hedgefunds:

$21 billion dollars of shorts to be liquidated when #Bitcoin goes to $70k

Do you think btc might ever get to 70k again ?

2 Likes

Re: Crypto Currency Investors Thread by Hedgefunds: 7:06am On Sep 02
SINisSIN:
It will surpass 80k my bro.



If those short covers ..and there orders hit the market ...where do you think Bitcoin will drop to?
Re: Crypto Currency Investors Thread by doyin01: 7:46am On Sep 02
Hedgefunds:



If those short covers ..and there orders hit the market ...where do you think Bitcoin will drop to?
It will drop to the current demand zone which is at $44k area....but not all their short orders will hit the market..




You need longs to short , you need shorts to long ....


Everyone will not buy at the same time

Everyone will not sell at the same time

That is why the market movement can never go on a straight line..

10 Likes 2 Shares

Re: Crypto Currency Investors Thread by seanwilliam(m): 9:32am On Sep 02
Imagine someone holding this modafucker, grin

3 Likes

Re: Crypto Currency Investors Thread by Siberia01(m): 9:37am On Sep 02
seanwilliam:
Imagine someone holding this modafucker, grin
grin
People won't still know

1 Like

Re: Crypto Currency Investors Thread by Agentsalt: 9:59am On Sep 02
Please just asking for clarity sake,cant the owners of this short close there short before it get liquidated?
Hedgefunds:

$21 billion dollars of shorts to be liquidated when #Bitcoin goes to $70k

Do you think btc might ever get to 70k again ?
Re: Crypto Currency Investors Thread by harry2sexy(m): 10:26am On Sep 02
Agentsalt:
Please just asking for clarity sake,cant the owners of this short close there short before it get liquidated?

They can na
Re: Crypto Currency Investors Thread by SINisSIN(m): 11:54am On Sep 02
My guy, the truth about this market is that we can’t predict what BTC might do next. As traders relying on charts for guidance, we can only make educated guesses and identify some key support and resistance levels that the charts indicate.

Right now, 80k and 44k are both on the charts, representing the ongoing battle between the bears and the bulls.

There’s a strong demand around the 44k level, and BTC might decide not to drop that low for now, potentially jumping to the 70k level instead.

If you’re looking to enter the market, this could be a good entry point. You can buy in now and support your position with DCA.

Hedgefunds:



If those short covers ..and there orders hit the market ...where do you think Bitcoin will drop to?

6 Likes

Re: Crypto Currency Investors Thread by Hedgefunds: 12:06pm On Sep 02
Agentsalt:
Please just asking for clarity sake,cant the owners of this short close there short before it get liquidated?

Guess you havent shorted the market before. Read more about it.
Re: Crypto Currency Investors Thread by muhamm3d: 12:23pm On Sep 02
Please experienced traders here. Between Crypto and FX which one is less volatile and more easier to trade?? Thank you!

2 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 12:35pm On Sep 02
GRACEGLORY:




I think #BTC is looking for 56.8K


Well... Almost may not count.

Next target, 60K

1 Like

Re: Crypto Currency Investors Thread by Postmusic: 12:38pm On Sep 02
Gm Gm GM guys

I Buy these following coins




Sidra coins

Pi_Network_coin

Usdt

Core

Notcoin

Usdt

Dogs

Athene coins

Notcoin

Wese90 escrow is allow

Check my signature to contact
Re: Crypto Currency Investors Thread by Postmusic: 12:41pm On Sep 02
Brokeloser:
Good day to all. I'm still a novice on this crypto thing but I participated in the dogs airdrop and I used my telegram wallet and I've already converted it to USDT. I don't trust the telegram P2P enough to do business there after all if they scam me the worst telegram will do is ban their phone number. Should I use binance with the recent trouble with Nigeria or I should use another app. My loan is overdue and this is my only hope of repayment. I would be extremely grateful for suggestions please.


I will buy it from you
And pay you naira

Check my contact on signature

1 Like

Re: Crypto Currency Investors Thread by Agentsalt: 12:45pm On Sep 02
Sometimes ido hear about 30billion short or long been liquidated, what were the traders waiting for,why not close the trade before they get liquidated?Crypto hard o.
Hedgefunds:


Guess you havent shorted the market before. Read more about it.
Re: Crypto Currency Investors Thread by XaToXi: 1:41pm On Sep 02
Agentsalt:
Sometimes ido hear about 30billion short or long been liquidated, what were the traders waiting for,why not close the trade before they get liquidated?Crypto hard o.

Sometimes, it's caused by hope and then disbelief. That the price won't reach your liquidation point.

Other times it caused by the preference to lose 100% rather than save 10% .

Most of those big liquidations are sometimes loans, and the only way to close them will be to repay the loans eg when you hear things like Michael Saylor will be liquidated at 30k BTC or Justin Sun will be liquidated at 2000 ETH, they will have to repay all or part of such loans to avoid liquidation.

1 Like

Re: Crypto Currency Investors Thread by Meerahbel: 1:42pm On Sep 02
Siberia01:
grin
People won't still know
Know what?
Re: Crypto Currency Investors Thread by XaToXi: 1:42pm On Sep 02
muhamm3d:
Please experienced traders here. Between Crypto and FX which one is less volatile and more easier to trade?? Thank you!

Forex is less volatile.

2 Likes

Re: Crypto Currency Investors Thread by twosquare(m): 1:45pm On Sep 02
muhamm3d:
Please experienced traders here. Between Crypto and FX which one is less volatile and more easier to trade?? Thank you!
It depends. But I think FX is easy to trade because it obeys certain rules regarding economics, candlestick patterns, etc. If you get a hang of it, you are made. You got to know something about the currency pair, their economic situation, and stay with news.

News affect both worlds. I think only BTC and ETH are easier to trade in crypto because there are many technical analysis and fundamental explanations from people. Other altcoins, well, not so much. You can suddenly hear news of the a hack, delist, and then, you position is liquidated (which is not so in Forex).

Forex is very and deeply liquid. Tiny moves, and you are in money or loss, depending on your lot size (leverage).

Forex is not as easy as you think coz a lot dey chop losses very well.

In my experience so far, it's been mixed feelings. I have been able to pass my challenge trading mostly FX (that's $650). Now, I have incurred $270 loss [/b]on the account, especially by trading in last month's end. Just by not giving a f^ck...can I make it back and stay back in profits? Yes. Can I also blow everything? Yes.

[b]Right now, I'm experimenting with trading crypto only in the FX market (BTC and ETH).
I would have been stopped out if I pulled the stunt I did with my open trade on these crypto commodities with currency pairs. But I'm still in play.

FX can suddenly reverse while crypto reversal is not too instant...like the EUR/USD pair I did.

Just choose your poison. Don't mind my long epistle.

1 Like

Re: Crypto Currency Investors Thread by Meerahbel: 1:46pm On Sep 02
muhamm3d:
Please experienced traders here. Between Crypto and FX which one is less volatile and more easier to trade?? Thank you!
Both Crypto and FX (Forex) markets are known for their volatility, but:


Volatility Comparison:

1. Crypto: Highly volatile, with price swings of 10-50% or more in a single day.
2. FX: Moderately volatile, with price movements typically ranging from 0.5-5% per day.


Reasons for Crypto Volatility:

1. Market speculation
2. Regulatory uncertainty
3. Limited liquidity
4. Security concerns
5. Emerging market


Reasons for FX Volatility:

1. Economic indicators (GDP, inflation, interest rates)
2. Geopolitical events
3. Central bank interventions
4. Market sentiment
5. Liquidity


Ease of Trading Comparison:

1. Crypto: Simple to buy/sell, with user-friendly interfaces (e.g., Coinbase, Binance).
2. FX: Requires more knowledge and experience, with complex trading platforms (e.g., MetaTrader).


Why FX Might Be Easier to Trade:

1. Established market with clear regulations
2. Liquidity provides tighter spreads
3. More technical analysis tools available
4. Better risk management options


Why Crypto Might Be More Accessible:

1. Lower barriers to entry
2. 24/7 trading
3. Simple, intuitive platforms


Conclusion:

FX is generally considered less volatile and more predictable than Crypto, but still requires expertise and caution.


Recommendation for Beginners:

1. Start with FX demo accounts to gain experience.
2. Learn technical analysis and risk management.
3. Consider Crypto trading with smaller amounts.


*Key Statistics:*

1. Crypto market cap: ~$2 trillion
2. FX market volume: ~$6 trillion/day
3. Crypto average daily volatility: 5-10%
4. FX average daily volatility: 1-3%


Keep in mind that both markets carry risks, and it's essential to:

1. Educate yourself
2. Set clear goals
3. Manage risk effectively
4. Stay updated on market developments

7 Likes

Re: Crypto Currency Investors Thread by Meerahbel: 1:49pm On Sep 02
Please 🙏 kindly use my referral link to sign up on bitget as we both get free coins
Brokeloser:
Good day to all. I'm still a novice on this crypto thing but I participated in the dogs airdrop and I used my telegram wallet and I've already converted it to USDT. I don't trust the telegram P2P enough to do business there after all if they scam me the worst telegram will do is ban their phone number. Should I use binance with the recent trouble with Nigeria or I should use another app. My loan is overdue and this is my only hope of repayment. I would be extremely grateful for suggestions please.
https://share (.)bitget(.)com /u/5NG4HEGF remove the brackets and lose the space
Re: Crypto Currency Investors Thread by Chingyyy878: 1:52pm On Sep 02
Is this a good time to buy more btc

1 Like

Re: Crypto Currency Investors Thread by doyin01: 2:01pm On Sep 02
Chingyyy878:
Is this a good time to buy more btc

Go through all the analysis and comments from experts at everywhere on the Internet including this thread too , what are most of them saying?? What are the whales saying ?? Whatever they are saying. , just do the opposite , trust me it works...i

If most of the whales are saying "buy " , just sell..

If most of the whales are saying "sell" ..just buy...

Do not think like a trader. , think like a whales and a market maker who is trying to manipulate the market...as I usually say , they need you to sell so they can buy. , they need you to buy so that they can sell..if they want to buy and people are not selling , it is a problem for them..if they want to sell and people are not buying.. there is a problem for them..

Do not allow them to use your head ...

Do not allow them push you into liquidation..

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Chingyyy878: 2:17pm On Sep 02
doyin01:


Go through all the analysis and comments from experts at everywhere on the Internet including this thread too , what are most of them saying?? What are the whales saying ?? Whatever they are saying. , just do the opposite , trust me it works...i

If most of the whales are saying "buy " , just sell..

If most of the whales are saying "sell" ..just buy...

Do not think like a trader. , think like a whales and a market maker who is trying to manipulate the market...as I usually say , they need you to sell so they can buy. , they need you to buy so that they can sell..if they want to buy and people are not selling , it is a problem for them..if they want to sell and people are not buying.. there is a problem for them..

Do not allow them to use your head ...

Do not allow them push you into liquidation..

Thanks
Re: Crypto Currency Investors Thread by Postmusic: 2:38pm On Sep 02
..
Re: Crypto Currency Investors Thread by Agentsalt: 4:40pm On Sep 02
Thanks for the clarity.
XaToXi:


Sometimes, it's caused by hope and then disbelief. That the price won't reach your liquidation point.

Other times it caused by the preference to lose 100% rather than save 10% .

Most of those big liquidations are sometimes loans, and the only way to close them will be to repay the loans eg when you hear things like Michael Saylor will be liquidated at 30k BTC or Justin Sun will be liquidated at 2000 ETH, they will have to repay all or part of such loans to avoid liquidation.

2 Likes

Re: Crypto Currency Investors Thread by Dundalk(m): 4:43pm On Sep 02
muhamm3d:
Please experienced traders here. Between Crypto and FX which one is less volatile and more easier to trade?? Thank you!
grin grin
Re: Crypto Currency Investors Thread by chival10: 5:13pm On Sep 02
Fast, you're a good cryptocurrency trader. I follow you today
Fastt:
So I saw one SLF coin pumping on binance, thought it was the love portion SLF. Only to find out that the love portion SLF has disappeared from exchanges.

Dem no dey keep ashawo(shitcoin) too long for house. If e no deliver, send them back to the street. Chop your small loss in peace and move on.

And some ppl here where planning to hold shitcoins for 5 yrs.

Meanwhile, notice how BTC is draining the alt. Shows that lots of big ppl are selling, but money is still entering through ETF. For alts to pump again BTC will get to 80k. Meaning ppl will take some profit to pump their sh1tcoins. As long as BTC s still dancing around 55-62k, alts will keep dumping. As long as interest rate is not reduced, BTC will continue consolidating or even dumping. Trade/gamble safely .

1 Like

Re: Crypto Currency Investors Thread by seanwilliam(m): 6:00pm On Sep 02
muhamm3d:
Please experienced traders here. Between Crypto and FX which one is less volatile and more easier to trade?? Thank you!
one is a tiger , one is a wolf. grin
Re: Crypto Currency Investors Thread by chival10: 6:05pm On Sep 02
Doyin what are most of the analysts and experts saying this time. Let me see if I'll try the opposite see if this magic works. For you what are they saying. I need to check something please
doyin01:


Go through all the analysis and comments from experts at everywhere on the Internet including this thread too , what are most of them saying?? What are the whales saying ?? Whatever they are saying. , just do the opposite , trust me it works...i

If most of the whales are saying "buy " , just sell..

If most of the whales are saying "sell" ..just buy...

Do not think like a trader. , think like a whales and a market maker who is trying to manipulate the market...as I usually say , they need you to sell so they can buy. , they need you to buy so that they can sell..if they want to buy and people are not selling , it is a problem for them..if they want to sell and people are not buying.. there is a problem for them..

Do not allow them to use your head ...

Do not allow them push you into liquidation..

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